A great investment opportunity is available in the heart of Ottawa with this four-unit building. Building features 2 spacious five bedrooms units , one 4 bedroom and one six bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($182,254.23) Yearly Expenses: ($65,293.51) Net Income: ($116,960.72). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income. (id:2493)
Data was last updated February 10, 2025 at 03:15 PM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$949,000
Min list price:
$310,000
Max list price:
$2,700,000
Avg days on market:
240
Min days on market:
191
Max days on market:
333
These statistics are generated based on the current listing's property type
and located in
Ottawa. Average values are
derived using median calculations.
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